Peer Estate was recently featured in SMSF Magazine as a unique peer-to-real-estate lender for property debt which has a compelling proposition for SMSFs, with a high number already invested.
Company co-founder and chief executive Adam Broder said while the firm’s licence was limited to wholesale investors only, many SMSFs met the criteria to participate.
We have been pleasantly surprised with the high number of SMSF investors who have already invested via our platform.
“Many of these investors have developed strong asset and cash backing over many years and are looking to continue growing this wealth.
“We think in the early days SMSFs will most likely act as an investor/lender, with the main reasons being that we can accept investments from as low as $5000 and we are targeting average returns of 8 per cent to 12 per cent, which we believe provides the right risk/return profile.